New S&O's based on the November 23, 2007 close.

1. YI: -3.5, So the YI may be indicating some type of substantial rally is due in this bear market environment.
2. Possible bottom here for: BBBY, C, CHC, CORS, CSL, GNSS, HON, T2118, TKR, and TLB
3. Trying to bottom out at this level are: AMAT, AMD, BG, CFC, CY, EMC, ENER, ERF, EXP, GE, GF, IIX, MDC, MOT, NSM, OCR, PCU, UGP, and WSO
4. Extremely oversold: ERIC
5. Standard oversold: AIG, PAYX, TCK, ROK, RT, RYL, SYY, TOL, TTH, and WIRE
6. Moderately oversold: GGB, IFN, OKE, and PXD
7. Trying to hold some rising trend line support: FTO, HMC, NSC, QCOM, and SGP
8. Trying to hold falling trend line support: AXP, PTEN, and SUN
9. Attempting to hold the 28 DMA here: PEG and PHI
10. Trying to break above some falling trend line resistance: ACF, BKC, DELL, EEM, GM, LUFK, LYO, MDC, PMCS, REDF, and the S&P-500.
11. Attempting to break above the 28 DMA here: DFG and STMP
12. Moderately overbought now: IDA, NST, OGE, and TOT
13. Extremely overbought: FXY
14. Anything here may be off base.